Fine Cuisine restaurant with decades of success

Not Disclosed, NJ
Morris County

Asking Price: Annual Revenue:
$2,195,000 $2,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fine Cuisine restaurant with decades of success Broker: Robert Petrin jr

Quick Facts

Asking Price: $2,195,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $750,000
Year Established: 1995
Employees: Not Disclosed
BBN Listing #: 722945063
Broker Reference #: 5

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Business Overview:

long standing local favorite on very busy state highway with a 25,400 AADT traffic count. And a solid reputation for personal service and consistent food. 30 % liquor- 70% food.Great kitchen ideal for any chef or concept. In addition to unique weekly entertainment. And a
Banquet room for private parties.

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Property Features and Assets:

This is a charming building in excellent condition. With numerous updates, and multiple dining areas, and outdoor patio, and new parking lot.

Market Competition and Expansion:

The area supports many successful restaurants and taverns, although no similar concepts. Morris county has a population of 500,000, with many affluent municipality's.

Reason for Selling:

Other business opportunity.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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